Multifamily in Fort St John available for sale
1

Apartment Building for Sale in Fort St John

The max can't be less than the min

Fort St John Apartment Building for Sale

More details for 9827 97 Ave, Fort St John, BC - Multifamily for Sale

9827 97 Ave

Fort St John, BC V1J 1N7

  • Multifamily for Sale
  • $1,249,800 CAD
  • 13,047 SF

Fort St John Multifamily for Sale

Twelve-unit residential walk-up in downtown Fort St. John, BC — retrofitted, fully leased, and offered as a turnkey income asset in the most active oil and gas service centre in Western Canada. Listed at $1,249,800 ($104,150 per unit) on a 6.73% cap rate at stabilised pro forma. THE BUILDING. A unit-by-unit retrofit has been completed and documented — scope, spend, and improvements all on file. What a buyer takes over is a building that has already been repositioned, with a defensible rent roll, full lease history, and capital schedule in place. Nothing deferred. Nothing pending. ALWAYS FULL. The building runs at 100% occupancy because of where it sits — Walk Score 91, downtown core, on the south side of 97 Avenue, walkable to work, services, and transit. In a city of 24,676 where the median household earns $150,887 per year and the renter share is 43.5%, this is the address tenants want. And they stay. TROUBLE-FREE FINANCING. The asset qualifies for CMHC-insured financing under the MLI Select program. At 85% LTV, illustrative Year-One cash-on-cash is 7.10%, DSCR 1.22×, and the 10-year levered IRR runs to 22.4% on a conservative rent-growth schedule. Equity in: approximately $210,000. Stabilised income, insured debt, and a city the major Canadian banks already underwrite confidently — trouble-free in the most literal sense. A BOOMING LNG TOWN. Fort St. John sits at the labour and logistics centre of British Columbia's $90 billion+ Northeast capital pipeline through 2035 — LNG Canada Phase 2 (FID expected late 2026), Enbridge Sunrise Expansion (federally approved April 2026), Cedar LNG, Coastal GasLink Phase 2, PRGT, Ksi Lisims, the North Coast Transmission Line, and a sustained Montney drilling program led by Tourmaline, ARC Resources, Ovintiv and Canadian Natural. CMHC apartment vacancy compressed from 6.3% (2024) to 2.4% (2025). Average rents are up 4.6% year over year. Only seven net new rental units were added to local stock in 2025. An independent appraisal effective December 31, 2025 supports the list price. Brochure, rent roll, operating statements, and a full 10-year buyer returns model are available to qualified purchasers on request.

Contact:

Multifamily Real Estate Services

Property Subtype:

Apartment

Date on Market:

2026-05-28
Hide
See More
1-1 of 1
  2. 1
LoopNet Canada British Columbia Apartment Buildings For Sale in Fort St John, BC, Canada

Learn More About Investing in Apartment Buildings

More Articles
Understanding Cap Rates in Commercial Real Estate
Understanding Cap Rates in Commercial Real Estate
Calculating and Interpreting Cap Rates for Canadian Investors
Types of Commercial Leases: From Gross to Triple Net
Types of Commercial Leases: From Gross to Triple Net
Understanding the Different Lease Structures for Your Business Space
Commercial Real Estate Investing: Your Path to Market Success
Commercial Real Estate Investing: Your Path to Market Success
Your guide to starting and thriving in Canadian commercial property investments
Apartment Building Investment: A Strategic Market Overview
Apartment Building Investment: A Strategic Market Overview
Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio
How to Rent an Office for Your Business in Canada
How to Rent an Office for Your Business in Canada
Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space
Understanding Common Area Maintenance (CAM) Charges
Understanding Common Area Maintenance (CAM) Charges
Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions
How to Buy Land: From Raw to Ready for Development
How to Buy Land: From Raw to Ready for Development
Understanding Land Types and Purchase Requirements for Property Investment
REIT Investment Strategies: Building Real Estate Wealth
REIT Investment Strategies: Building Real Estate Wealth
Understanding Investment Trusts and Creating Your Portfolio Strategy

Apartment Buildings for Sale in Fort St John

View All Available Listings
How many apartment buildings are available for sale in Fort St John?
There are currently 1 apartment buildings available for sale in Fort St John, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Fort St John?
The average size of apartment buildings available for sale in Fort St John is about 13,047 SF. The largest apartment buildings available to buy is 13,047 SF and the smallest is 13,047 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in Fort St John?
The average market cap rate for apartment buildings for sale is about 6.73% based on data provided in Fort St John. Learn more about how cap rates are calculated.
Nearby Cities
Other Property Types